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Layoffs mount as U.S. economy downshifts

Por: CBS News Politics November 03, 2022

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Companies from ride-sharing platforms to mighty Amazon are either shedding jobs or putting their hiring plans on hold as the U.S. economy slows. Lyft said Thursday in a regulatory  it is cutting 13% of its workforce, or almost 700 employees, as it moves to pare costs. The money-losing ride-hailing service has seen its sales shrink over the past year, while its shares have tumbled 67% in 2022. Stripe, a provider of payments services, also... + full article



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